IHI (OTCMKTS:IHICY) Shares Gap Up – Still a Buy?

Ihi Corp (OTCMKTS:IHICYGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $16.69, but opened at $17.61. IHI shares last traded at $17.54, with a volume of 1,498 shares changing hands.

IHI Price Performance

The stock has a market capitalization of $18.89 billion, a PE ratio of 18.76 and a beta of 0.64. The stock’s 50 day moving average is $17.29 and its two-hundred day moving average is $20.64. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.81 and a current ratio of 1.23.

IHI (OTCMKTS:IHICYGet Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.46 earnings per share (EPS) for the quarter. The firm had revenue of $3.28 billion during the quarter.

IHI Company Profile

(Get Free Report)

IHI Corporation (OTCMKTS: IHICY) is a Japanese engineering and industrial conglomerate originally known as Ishikawajima?Harima Heavy Industries. Headquartered in Tokyo, the company designs, manufactures and services a broad range of heavy machinery, equipment and integrated systems for industrial and infrastructure markets. Its securities are available to international investors through American depositary receipts that trade over the counter under the symbol IHICY.

IHI’s principal activities span several sectors, including aerospace, energy and industrial machinery.

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